Compensation of employees in Lithuania
Lithuania: Compensation of employees was 4.63 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Lithuania, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Lithuania stood at 4.63 billion current LCU. That is the highest value across all 33 years on record.
That represents a change of up 17.8% on the previous year and up 143.7% over ten years.
Over the whole period, compensation of employees in Lithuania peaked at 4.63 billion current LCU in 2024 and was at its lowest, 2.16 million current LCU, in 1991.
That places Lithuania 125th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 521.01 million current LCU | 2.16 million current LCU | 1.12 billion current LCU | 8 |
| 2000s | 1.26 billion current LCU | 852.97 million current LCU | 1.87 billion current LCU | 10 |
| 2010s | 1.99 billion current LCU | 1.59 billion current LCU | 2.66 billion current LCU | 10 |
| 2020s | 3.61 billion current LCU | 2.96 billion current LCU | 4.63 billion current LCU | 5 |
Countries ranked near Lithuania
More public sector data for Lithuania
- Arms imports 51.00 million SIPRI trend indicator values (2024)
- Tax revenue 21.9% (2024)
- Taxes on income, profits and capital gains 29.0% (2024)
- Taxes on goods and services 31.0% (2024)
- Net investment in nonfinancial assets 3.1% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 1.9% (2024)
- Grants and other revenue 9.9% (2024)
- Interest payments 1.5% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is compensation of employees in Lithuania?
- Compensation of employees in Lithuania was 4.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Lithuania?
- The highest recorded value was 4.63 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Lithuania?
- The lowest recorded value was 2.16 million current LCU in 1991.
- How does Lithuania rank for compensation of employees?
- Lithuania ranks 125th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Lithuania?
- Over the last ten years it is up 143.7%. The long-run trend across the full record is volatile.
- Where does this Lithuania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.